Market by Verticals, End-user, and Country Outlook | Forecast 2022-2028
Triton Market Research analysis concludes that
the immersion cooling in data centers market in North America would grow with a
CAGR of 16.10% in the estimated
duration from 2022 to 2028.
Report scope can be customized per your requirements. Request For Customization
The
countries scrutinized in this region include:
• The
United States
North America is a technologically advanced
nation. Microsoft, Amazon, Google, and IBM are all large cloud corporations
based in the United States. Further, the US boasts of the highest number of
data centers in the world, with nearly 2,640 data centers. Also, Canada is
leading the field of artificial intelligence with its high-quality research and
advancements in AI technology. The large presence of data centers and the
rising cloud adoption are driving the demand for immersion cooling systems in
North America.
The United States has been implementing
regulations and devising strategies to expedite innovation in artificial
intelligence. Moreover, the adoption of AI and machine learning is
revolutionizing data centers. As a result of these developments, the workloads
on data centers have risen. This is driving the demand for immersion cooling
systems, which, in turn, is driving the growth of the immersion cooling in data
centers market.
Canada is a global leader in artificial
intelligence, and is known for its high-quality research, a skilled workforce,
and contributions towards innovation in AI technology. In 2017, it became the
first country in the world to publish a national policy on artificial
intelligence, called ‘The Pan-Canadian Artificial Intelligence Strategy.’
Further, in 2021, the government allocated a budget of up to $443.8 million
until 2031, to encourage research and innovation in this field. The many
breakthroughs in the field of artificial intelligence are anticipated to propel
the market for immersion cooling in data centers forward.
Other end-users include micro, edge, and modular
data centers. Edge data centers are smaller data centers located closer to the
customers served by an organization. A micro data center can be said to be a
condensed type of an edge data center and handle the data processing
requirements at a specific location. On the other hand, modular data centers
are portable data centers that contain modules and components for scalability
and power & cooling capabilities. Immersion cooling systems are used in all
these types of data centers to improve performance and reduce costs.
The
studied report assesses the market’s growth based on end-user, product type,
and verticals. Here, the
end-user segment comprises hyperscale data centers, enterprise data centers,
colocation data centers, and other end-users.
Leading
companies considered in the immersion cooling in data centers market
include Liquidcool Solutions, Submer, Stulz GmbH, GRC (Green Revolution
Cooling), Vertiv Group Corporation, LiquidStack, and Exascalar Inc.
GRC
(Green Revolution Cooling) is a company providing immersion cooling systems for
data centers. Its products are compatible with any type of rack-based OEM
server that is optimized for immersion. The US-based company is headquartered
in Austin, Texas. GRC was founded in 2009. Its main products include ICEraQ
Immersion Cooling System, HashRaQ, ICEtank, and HashTank. With 19 patents, it
is a pioneer in single-phase immersion cooling systems.
Key deliverables of the report:
●
Market CAGR during the forecasting years 2022-2028
●
Detailed data highlighting key insights, industry components, and
market strategies
● Comprehensive information and estimation of the immersion cooling in data centers market revenue growth in North America and its influence on
the parent market
●
In-depth study of forthcoming trends in consumer behavioral
patterns
●
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
● A wide-ranging study of factors that will challenge the North
America immersion cooling
in data centers market’s growth during the upcoming
years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
1. NORTH
AMERICA IMMERSION COOLING IN DATA CENTERS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE IMMERSION COOLING IN DATA CENTERS INDUSTRY
3. INDUSTRY
OUTLOOK
3.1. IMPACT
OF COVID-19 ON THE IMMERSION COOLING IN DATA CENTERS INDUSTRY
3.2. KEY
INSIGHTS
3.2.1. RISING
COMPANY COLLABORATIONS FOR SUSTAINABLE SOLUTIONS
3.2.2. GREEN
DATA CENTERS ARE LUCRATIVE FOR IMMERSION COOLING
3.3. PORTER’S
FIVE FORCES ANALYSIS
3.3.1. THREAT
OF NEW ENTRANTS
3.3.2. THREAT
OF SUBSTITUTES
3.3.3. BARGAINING
POWER OF BUYERS
3.3.4. BARGAINING
POWER OF SUPPLIERS
3.3.5. THREAT
OF COMPETITIVE RIVALRY
3.4. MARKET
ATTRACTIVENESS INDEX
3.5. VENDOR
SCORECARD
3.6. KEY
MARKET STRATEGIES
3.6.1. PRODUCT
LAUNCHES & DEVELOPMENTS
3.6.2. PARTNERSHIPS
& AGREEMENTS
3.7. MARKET
DRIVERS
3.7.1. INCREASING
ADOPTION OF ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
3.7.2. GROWTH
IN POWER DENSITY AND NUMBER OF DATA CENTERS
3.7.3. DEVELOPMENT
OF EDGE COMPUTING
3.8. MARKET
CHALLENGES
3.8.1. MULTIPLE
DISADVANTAGES ASSOCIATED WITH IMMERSION COOLING SYSTEMS
3.9. MARKET
OPPORTUNITIES
3.9.1. NEED
FOR INCREASED SERVER SPEEDS
3.9.2. EFFORTS
TO MINIMIZE CARBON FOOTPRINT
4. NORTH
AMERICA IMMERSION COOLING IN DATA CENTERS MARKET OUTLOOK – BY PRODUCT TYPE
4.1. SINGLE-PHASE
IMMERSION COOLING SYSTEM
4.2. TWO-PHASE
IMMERSION COOLING SYSTEM
5. NORTH
AMERICA IMMERSION COOLING IN DATA CENTERS MARKET OUTLOOK – BY VERTICALS
5.1. IT
& TELECOM
5.2. BFSI
(BANKING, FINANCIAL SERVICES & INSURANCE)
5.3. GOVERNMENT
& PUBLIC SECTOR
5.4. HEALTHCARE
5.5. MANUFACTURING
5.6. RETAIL
5.7. OTHER
VERTICALS
6. NORTH
AMERICA IMMERSION COOLING IN DATA CENTERS MARKET OUTLOOK – BY END-USER
6.1. HYPERSCALE
DATA CENTERS
6.2. ENTERPRISE
DATA CENTERS
6.3. COLOCATION
DATA CENTERS
6.4. OTHER
END-USERS
7. NORTH
AMERICA IMMERSION COOLING IN DATA CENTERS MARKET – COUNTRY OUTLOOK
7.1. UNITED
STATES
7.2. CANADA
8. COMPETITIVE
LANDSCAPE
8.1. ASPERITAS
8.2. DCX
THE LIQUID COOLING COMPANY
8.3. DUG
TECHNOLOGY
8.4. EXASCALAR
INC
8.5. FUJITSU
8.6. GRC
GREEN REVOLUTION COOLING
8.7. ICEOTOPE
TECHNOLOGIES LIMITED
8.8. LIQUIDCOOL
SOLUTIONS
8.9. LIQUIDSTACK
8.10. MIDAS
IMMERSION COOLING
8.11. SCHNEIDER
ELECTRIC
8.12. STULZ
GMBH
8.13. SUBMER
8.14. USYSTEMS
LIMITED
8.15. VERTIV
GROUP CORPORATION
8.16. WIWYNN
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE
1: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY COUNTRY,
2022-2028 (IN $ MILLION)
TABLE
2: VENDOR SCORECARD
TABLE
3: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY PRODUCT TYPE,
2022-2028 (IN $ MILLION)
TABLE
4: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY VERTICALS,
2022-2028 (IN $ MILLION)
TABLE
5: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY END-USER,
2022-2028 (IN $ MILLION)
TABLE
6: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY COUNTRY OUTLOOK,
2022-2028 (IN $ MILLION)
FIGURE
1: MARKET ATTRACTIVENESS INDEX
FIGURE
2: AVERAGE POWER DENSITY PER RACK OF DATA CENTERS
FIGURE
3: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY PRODUCT TYPE,
2021 & 2028 (IN %)
FIGURE
4: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY SINGLE-PHASE
IMMERSION COOLING SYSTEM, 2022-2028 (IN $ MILLION)
FIGURE
5: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY TWO-PHASE
IMMERSION COOLING SYSTEM, 2022-2028 (IN $ MILLION)
FIGURE
6: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY VERTICAL, 2021
& 2028 (IN %)
FIGURE
7: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY IT & TELECOM,
2022-2028 (IN $ MILLION)
FIGURE
8: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY BFSI (BANKING,
FINANCIAL SERVICES & INSURANCE), 2022-2028 (IN $ MILLION)
FIGURE
9: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY GOVERNMENT &
PUBLIC SECTOR, 2022-2028 (IN $ MILLION)
FIGURE
10: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY HEALTHCARE,
2022-2028 (IN $ MILLION)
FIGURE
11: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY MANUFACTURING,
2022-2028 (IN $ MILLION)
FIGURE
12: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY RETAIL,
2022-2028 (IN $ MILLION)
FIGURE
13: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY OTHER VERTICALS,
2022-2028 (IN $ MILLION)
FIGURE
14: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY END-USER, 2021
& 2028 (IN %)
FIGURE
15: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY HYPERSCALE DATA
CENTERS, 2022-2028 (IN $ MILLION)
FIGURE
16: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY ENTERPRISE DATA
CENTERS, 2022-2028 (IN $ MILLION)
FIGURE
17: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY COLOCATION DATA
CENTERS, 2022-2028 (IN $ MILLION)
FIGURE
18: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, BY OTHER END-USERS,
2022-2028 (IN $ MILLION)
FIGURE
19: NORTH AMERICA IMMERSION COOLING IN DATA CENTERS MARKET, COUNTRY OUTLOOK,
2021 & 2028 (IN %)
FIGURE
20: UNITED STATES IMMERSION COOLING IN DATA CENTERS MARKET 2022-2028 (IN $
MILLION)
FIGURE
21: CANADA IMMERSION COOLING IN DATA CENTERS MARKET 2022-2028 (IN $ MILLION)